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20110728
20110728
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in a brazen attack. cell phone safety: to all those minutes add up to health problems for kids? dr. jon lapook reports. and it's a place where wounded warriors learn to hope again. david martin on the closing of walter reed. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> schieffer: good evening, scott's off tonight. i'm bob schieffer. the fallout from washington's inability to find a solution to the budget crisis and raise the debt limit has, apparently, begun. on wall street, the stock market was down for the third day in a row. the dow fell more than 198 point today. for the week, it's down nearly 400 points, and it has lost close to $105 billion in value. some of the bond rating services are now saying that even if congress does reach an agreement on a budget plan, it may be too late to avoid lowering the rating on some american securities. we have three reports tonight on that and what it means for small business and your credit card. and we start with anthony mason. anthony. >> reporter: bob, america's credit rating has never fallen below triple "a,"
and there is still no agreement on what to do. sounds like a broken record. >> absolutely. as abc's jon karl reports it's not just democrats versus republicans, it's republicans versus republicans. >> reporter: john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partyers. get your ass in line, he said, i can't do this job unless you are behind me. >> get you guys in line? >> we are a team, we are about trying to move the country forward. >> reporter: the tough talk does appear to be working. but it's not an easy sell. some of the tea partyers still just don't believe those dire warnings about government default. >> armageddon happens at midnight, august 3, is not the case, it is not true. >> reporter: kevin mccarthy, the third ranking republican in the house, urged republicans to unite behind boehner's plan by showing this clip from "the town." >> i need your help. i can't tell you what it is, you can never ask me about it later, we're going to hurt some people. >> which car we going to take? >> r
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